Networked Enterprises and Globalization Have Enabled a New Business Model

question 27

Multiple Choice

Networked enterprises and globalization have enabled a new business model called "business-without-boundaries." Which of the following statements describes this business model?

• A)Companies no longer have all of their employees in one location
• B)It is called offshoring and companies contract with firms in other countries to do such business processes as human resources, payroll, and accounting
• C)Companies are under a great deal of scrutiny to manage costs and generate revenue so they contract with foreign firms to do various business processes at a lower cost to the company
• D)all of the above statements describe this model

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Definitions:

Accurate Interpretation

The process of understanding or explaining the meaning of something in a way that is true to its nature or intent.

Words, Images, Gestures

Components of communication that include verbal language, visual elements, and body movements.

Contextualizing

The process of analyzing or placing information in a context to understand its relevance, meaning, or relationship to other information.

Problematic Ambiguity

The characteristic of a word or expression which can have multiple meanings such that uncertainty about exactly which meaning applies in a given context for a given purpose results in troublesome misunderstandings.